Thursday, May 9, 2024

New England region

New England region includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

Howe Street

Marcus & Millichap Arranges the $6.6 Million Sale of a New Haven Three-Property Multifamily...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 91, 95 and 97 Howe Street, a 44-unit contiguous apartment...
Charles Dr

Institutional Property Advisors Closes Multifamily Asset Sale

Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Charles Drive, a 67-unit multifamily property in Manchester, Connecticut. "Manchester is home to a large population of renters working in the aerospace,...

Supreme Court urged to step in on NYC’s rent-control laws

The Supreme Court is considering a petition to hear a case that challenges New York City’s rent stabilization law as pressure builds from stakeholders who say the law infringes on the rights of property...
Aura Largo

Klein Enterprises closes $85 million loan for Largo Development

Klein Enterprises, a vertically integrated investor, developer, and operator of diversified real estate holdings, announced that the company closed an $85 million loan for the development of Aura, a transit-oriented luxury apartment complex in...
54 Crown

JLL arranges $233 million in construction financing for 569-unit Brooklyn rental development

JLL Capital Markets announced that it has secured $233 million in construction financing for the ground-up development of 54 Crown, a 569-unit multihousing development located at 54 Crown St., in Crown Heights, Brooklyn. JLL worked...
3 Warren Street

Griffith Pepdjonovic Group of Marcus & Millichap brokers the $2.3 million sale of suburban...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 15-unit multifamily property located in Stoneham, Massachusetts. The 7,084-square-foot asset...
Addison at Princeton Meadows

New Jersey apartment community trades

JLL Capital Markets announced that it closed on the sale of Addison at Princeton Meadows, a 440-unit, garden-style multihousing community located in Plainsboro, New Jersey. JLL worked on behalf of the seller, a joint venture...
Chilton Hall Apartments

Gebroe-Hammer Associates inks sale of generationally owned multifamily asset in Elizabeth, NJ

Gebroe-Hammer Associates has arranged the sale of a 126-unit, garden-apartment community with generational ownership of 40+ years in Union County, N.J.’s City of Elizabeth. Executive Vice President Stephen Tragash exclusively represented the seller and...
Elizabeth DeVesty

JLL Capital Markets promotes Elizabeth DeVesty to production

JLL Capital Markets announced that Elizabeth DeVesty has been promoted to Director with New Jersey’s multihousing investment sales team. DeVesty will work alongside Senior Manging Directors Jose Cruz, Michael Oliver and Steve Simonelli and will primarily...
Concord Park at Russett

Excelsa Properties acquires $105.5 million multifamily community in Laurel, Maryland

Excelsa Properties announced that it has acquired Concord Park at Russett, a 335-unit multifamily property located at 7903 Orion Circle in Laurel, Maryland. The $105.5 million acquisition represents the fourth multifamily property acquisition of...
Rosewood Way Townhomes

MassHousing to provide $5.2 million in financing for new affordable rental housing for families...

MassHousing is providing $5.2 million in affordable housing financing to the non-profit Way Finders, for the development of the 62-unit Rosewood Way Townhomes for families with a range of incomes in Agawam. Located in Agawam’s...
The Place at Catherine’s Way

Institutional Property Advisors brokers Central Connecticut multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Place at Catherine’s Way, a 303-unit multifamily asset in Manchester, Connecticut. “The property is a 100 percent market-rate, garden-style asset...
47 Stanhope Street

GFI Realty Services arranges the $1.850 million sale of Bushwick multifamily asset

GFI Realty Services announced the $1.850 million sale of 47 Stanhope Street, a multifamily building located in the Bushwick section of Brooklyn. GFI Associate Moshe Goldberger represented the seller, a local investor, and Zachary Fuchs, Associate Director of...
Cedarwood Homes

Merchants Capital secures debt and LIHTC equity financing for affordable, senior property in Pittsburgh

The New York office of leading financial services provider Merchants Capital announces it has secured $11 million in debt and Low-Income Housing Tax Credit (LIHTC) equity financing for the construction of Cedarwood Homes in Pittsburgh,...
Byron Street Apartments, Carteret, NJ

Gebroe-Hammer Associates arranges $9.72 million off-market multifamily portfolio sale in Central New Jersey

Gebroe-Hammer Associates has arranged the $9.72 million off-market sale of a three-property Middlesex County, NJ multifamily portfolio. The firm brokered the 53-unit transaction on behalf of the unnamed seller and procured the buyer, Golden...
Yield PRO